Kelley School Of Business Indiana University)

What is 'Kelley School Of Business - Indiana University' The Kelley School of Business, the business college of Indiana University, offers both undergraduate and graduate programs in many fields, including finance, accounting, marketing and management. It is one of only three schools to have all of its graduate and undergraduate programs ranked in the top 20 by...

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Hawala

What is hawala Hawala is an informal value transfer system that is often used in countries where formal banking systems are not well developed. Under the hawala system, money is transferred between parties through a network of hawaladars, or money brokers. There is no paper trail associated with hawala transactions, which makes it attractive to those who wish to avoid government regulation or taxation. Because of its lack of transparency, hawala has also been associated with criminal activity, such as money laundering and funding of terrorist organizations. Despite its risks, hawala remains a popular way to transfer money in many parts of the world. How does hawala work The hawala system is based on trust and personal relationships, rather than on written contracts. In a typical hawala transaction, one party sends money to an intermediary (known as a hawaladar), who then contacts another hawaladar in the recipient's location. The second hawaladar pays the recipient the amount of money that was originally sent, minus a small commission. Because hawala transactions do not involve the transfer of physical currency, they can be conducted quickly and with minimal fees. This makes hawala an attractive option for those who need to send money to friends or family members in other countries. While the hawala system is not without its risks, it provides a convenient and relatively inexpensive way to send money overseas. Advantages and Risks There are several advantages to using hawala. First, it is much faster than traditional banking. Money can be transferred almost instantaneously, without the need for paperwork or bank transfers. Second, it is often cheaper than traditional banking. Since there are no fees or commissions, the only costs are the actual costs of transferring the money. Finally, it is more convenient than traditional banking. Money can be sent or received at any time of day or night, without having to go through a bank or other financial institution. Despite these advantages, there are some risks associated with hawala. First, since it is based on trust, there is always the possibility that money will not be received as promised. Second, because it operates outside of the formal banking system, it is not regulated by governments or other financial institutions. This means that there is no legal protection if something goes wrong. For these reasons, hawala should be used with caution. How to find a reputable hawala broker When looking for a hawala broker, it is important to choose someone who is reputable and trustworthy. There are a few ways to find out if a broker is reputable. First, you can ask around for recommendations from friends or family who have used hawala before. Second, you can check online forums and reviews to see what others have said about the broker. Finally, you can contact the broker directly and ask about their experience and policies. By taking the time to do your research, you can be sure to find a hawala broker who is reputable and will help you make your money transfer safely and securely. What to look for when choosing a hawala broker When choosing a hawala broker, there are several things to keep in mind. First, it is important to make sure that the broker is reputable and has a good track record. There are many scam artists who pose as hawala brokers, so it is important to do your research before selecting one. Second, you will want to choose a broker who offers competitive rates. Be sure to compare rates from different brokers before making a decision. Finally, it is also important to consider the security measures that the broker has in place. This includes both physical security measures, such as locked doors and security cameras, and cyber security measures, such as encryption and firewalls. By taking these factors into account, you can be sure to choose a hawala broker who will meet your needs. What to do if there is a problem with a hawala transaction In the world of hawala, transactions are often conducted without a paper trail. This can be convenient for both parties, but it also means that there is little recourse if something goes wrong. If you find yourself in a dispute with your hawala broker, there are a few steps you can take to try to resolve the issue. First, try to reach an agreement with the broker. If that is not possible, you can contact the local police or the district attorney's office to file a complaint. You may also want to contact the Better Business Bureau or another consumer protection agency. Finally, if all else fails, you can contact a lawyer to discuss your legal options. By taking these steps, you can hopefully resolve any problems that may arise from a hawala transaction.

What is hawala Hawala is an informal value transfer system that is often used in countries where formal banking systems are not well developed. Under the hawala system, money is transferred between parties through a network of hawaladars, or money brokers. There is no paper trail associated with hawala transactions, which makes it attractive to those who wish to avoid...

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Halloween Strategy

What is a 'Halloween Strategy' A Halloween strategy is an investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market until October 31, in order to increase capital gains. The Halloween strategy is based on the premise that most capital gains are made between October 31 (Halloween) and...

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Hardening

What is 'Hardening' 1. A term used to describe a price of commodity or futures contracts that is gradually stabilizing. 2. A futures market that is slowly advancing in prices. Explaining 'Hardening' 1. After a rise or fall in prices, a slow return to historically accepted levels is considered a hardening. ...

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Hard Stop

What is 'Hard Stop' A price level that, if reached, will trigger an order to sell an underlying security. Hard stops are set at a constant price and are inherently good until cancelled. A hard stop is used to protect the downside of holding an investment by always being active, and is only triggered once the price...

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Hard-To-Borrow List

What is a Hard-To-Borrow List A hard to borrow list is inventory utilized by brokerages to identify securities that are not available for borrowing for transactions that are short-sale. The hard-to-borrow list of a brokerage firm gives an up-to-date list of securities which one cannot short. The security may be on the hard-to-borrow list because it is in short supply...

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Heating Degree Day (HDD)

What is 'Heating Degree Day - HDD' The number of degrees that a day's average temperature is below 65oFahrenheit (18o Celsius), the temperature below which buildings need to be heated. The price of weather derivatives traded in the winter is based on an index made up of monthly HDD values. The settlement price for a weather futures...

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Harvest Strategy

What is a ‘Harvest Strategy' A harvest strategy is a business plan for reducing or completely eliminating investment in a particular product, brand, or business line because a company's management has determined that the expense of attempting to boost sales any further would not be justified by the likely future revenues from the product or brand line. A harvest strategy...

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Hedge Clause

What is 'Hedge Clause' A provision included in published financial reports that indemnifies the author, or authors, against any responsibility for any errors, omissions, or oversights contained within the report. Hedge clauses can be found predominately in analyst reports, company press releases and on most investing websites. A hedge clause is also known as a "disclaimer"....

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Hard Loan

What is 'Hard Loan' A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength (a hard currency). Explaining 'Hard Loan' For example, a loan agreement between a Brazilian company and an Argentinean company where the debt is to be paid in...

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